Crane NXT Co

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Crane NXT (CXT) reports strong Q1 earnings and outlines growth strategy for the future

Crane NXT (CXT) delivered impressive Q1 results, showcasing strong financial performance and raising full-year guidance. The company's emphasis on technology leadership, financial strength, and strategic goals positions it well for future growth.

Crane NXT Co (CXT) posts strong Q2 results, raises full-year guidance

Crane NXT Co (CXT) reported strong Q2 results, raising full-year guidance on the back of robust performance across its segments. With a focus on technology and operational excellence, the company aims for significant revenue growth. Challenges include maintaining growth momentum amidst market uncertainties.

Crane NXT Co reports strong Q3 earnings, raises guidance

Crane NXT Co's Q3 earnings call showcased robust financial results, raised guidance, and strong segment performance. While facing challenges in certain segments, the company maintains a focus on long-term growth and profitability. Analyst interest in backlog mix and M&A prospects indicates market confidence in Crane NXT's strategic direction.

Crane NXT Co (CXT) reports solid 2023 performance, outlines growth strategies

Crane NXT Co (CXT) showcased strong financial performance in 2023, addressing challenges in different segments while outlining growth opportunities for 2024. The company remains committed to driving profitable growth, leveraging technology leadership, and creating value for stakeholders.

Crane NXT Co reports strong Q3 performance amidst market challenges

Crane NXT Co's Q3 2024 performance reflects robust sales growth and strategic acquisitions, positioning the company for future success in the authentication technologies market.
While facing challenges in the gaming end market and currency order declines, Crane NXT remains focused on operational efficiency and growth opportunities.
By maintaining a strong cash flow focus, leveraging acquisitions, and embracing innovation, Crane NXT is poised to navigate challenges and capitalize on market opportunities.
Strategic partnerships and a disciplined approach to M&A will be key drivers for Crane NXT's sustained growth and competitive edge in the industry.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Crane NXT Co. is an industrial technology company which provides trusted technology solutions to secure, detect, and authenticate to its customers. It offers micro-optics technology for securing physical products, and its sophisticated electronic equipment and associated software leverages proprietary core capabilities with detection and sensing technologies. The firm provides global operations and manufacturing facilities in the United States, the United Kingdom, Mexico, Japan, Switzerland, Germany, Sweden, and Malta. Crane NXT is headquartered in Waltham, MA.

Crane NXT, Co. (NYSE:CXT ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Christina Cristiano - Senior Vice President, Chief Financial Officer Aaron Saak - President & Chief Executive Officer Conference Call Participants Matt Summerville - D.A. Davidson & Co. Michael Halloran - Baird Robert Labick - CJS Securities Damian Karas - UBS Isaac Sellhausen - Oppenheimer & Co. Bobby Brooks - Northland Capital Markets Operator Good day, and thank you for standing by.

Crane NXT, Co. (CXT) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Crane NXT (CXT) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Crane NXT (CXT) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Crane NXT (CXT) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.13 per share. This compares to earnings of $1.09 per share a year ago.

Crane NXT (CXT) Tops Q3 Earnings and Revenue Estimates

Delivers sales growth of 14%; core sales growth increases 5% Narrows full year Adjusted EPS guidance to $4.22 to $4.30 WALTHAM, Mass., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the third quarter ended September 30, 2024.

Crane NXT, Co. Reports Third Quarter 2024 Results

Crane NXT (CXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Crane NXT (CXT) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

WALTHAM, Mass., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with De La Rue plc to acquire its authentication business for 300 million British pounds in cash, subject to customary adjustments.

Crane NXT to Acquire De La Rue Authentication Solutions, a Global Leader in Security and Authentication Technologies

WALTHAM, Mass., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Dr. Aleta Richards as President of its Crane Currency business, effective October 14, 2024.

Crane NXT, Co. Announces Appointment of Dr. Aleta Richards as President of Crane Currency

WALTHAM, Mass., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, announced today its schedule for the Company's third quarter 2024 results.

Crane NXT, Co. Announces Dates For Third Quarter 2024 Earnings Release and Earnings Call

Crane NXT, Co. (NYSE:CXT ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Christina Cristiano - Chief Financial Officer Aaron Saak - President & Chief Executive Officer Conference Call Participants Matt Summerville - D.A. Davidson Bob Labick - CJS Securities Damian Karas - UBS Bobby Brooks - Northland Capital Markets Isaac Sellhausen - Oppenheimer Operator Good day, and thank you for standing by.

Crane NXT, Co. (CXT) Q2 2024 Earnings Call Transcript

Crane NXT (CXT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Crane NXT (CXT) Upgraded to Buy: What Does It Mean for the Stock?

Crane NXT (CXT) came out with quarterly earnings of $1.06 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.12 per share a year ago.

Crane NXT (CXT) Matches Q2 Earnings Estimates

Crane NXT is a fascinating company in the payments industry, with a long history and a great growth plan for the future. Recent financial performance has been disappointing, but management expects this picture to change moving forward. While shares aren't the cheapest, they are attractively priced when thinking about the future.

Crane NXT: A Great Play On An Ambitious Growth Plan

Boston Scientific

Life360 Inc

U.S. markets continued to set all-time highs in June, with record-breaking stocks boosting major indices to new records last week. Even the traditionally slower DJIA logged two consecutive record peaks in two days.

3 Record-Breaking Stocks With More Room to Run

WALTHAM, Mass., June 20, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.

Crane NXT, Co. Announces Appointment of Michael Mahan as President of Crane Payment Innovations

The mean of analysts' price targets for Crane NXT (CXT) points to a 37.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Believe Crane NXT (CXT) Could Rally 37.61%: Here's is How to Trade

The mean of analysts' price targets for Crane NXT (CXT) points to a 41.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Does Crane NXT (CXT) Have the Potential to Rally 41.42% as Wall Street Analysts Expect?

Crane NXT, Co. (NYSE:CXT ) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Rima Hyder – Vice President-Investor Relations Aaron Saak – President and Chief Executive Officer Christina Cristiano – Senior Vice President and Chief Financial Officer Conference Call Participants Matt Summerville – D.A. Davidson Bob Labick – CJS Securities Damian Karas – UBS Bobby Brooks – Northland Capital Markets Isaac Sellhausen – Oppenheimer Operator Good day, and thank you for standing by.

Crane NXT, Co. (CXT) Q1 2024 Earnings Call Transcript

Completes Acquisition of OpSec Security, a Global Leader in Brand Protection and Authentication Solutions Increases Sales Growth Guidance to 5% to 8% for Full Year 2024 WALTHAM, Mass., May 08, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the first quarter ended March 31, 2024.

Crane NXT, Co. Reports First Quarter Results

Creates New Security and Authentication Technologies Segment, Consisting of Crane Currency and OpSec Security Sam Keayes Appointed Senior Vice President, Security and Authentication Technologies WALTHAM, Mass. and LONDON, May 07, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that it has completed its acquisition of OpSec Security (“OpSec”), a global leader in brand protection and authentication solutions.

Crane NXT Completes Acquisition of OpSec Security

Earnings Preview: Crane NXT (CXT) Q1 Earnings Expected to Decline

WALTHAM, Mass., April 02, 2024 (GLOBE NEWSWIRE) -- Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced that its Board of Directors has appointed Sandra Joyce as a Director of Crane NXT.

Crane NXT Announces Appointment of Sandra Joyce to Board of Directors

WALTHAM, Mass. & LONDON--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has signed a definitive agreement with Investcorp Technology Partners ("Investcorp”) to acquire OpSec Security (“OpSec”) for $270 million in cash, subject to customary adjustments. OpSec is a global leader in brand protection and authentication solutions, serving the world's most recognized brands, as well as government agencies and fin.

Crane NXT to Acquire OpSec Security, a Global Leader in Brand Protection and Authentication Solutions

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced it has appointed Hans Lidforss as Senior Vice President of Strategy. In this new role, Mr. Lidforss will be responsible for advancing the Company's strategy and creating new avenues for growth, including identifying and executing opportunities for M&A, growth ventures, and partnerships. Mr. Lidforss will report directly to Aaron W. Saak, Presid.

Crane NXT, Co. Announces Appointment of Hans Lidforss as Senior Vice President of Strategy

Crane NXT, Co. (CXT) Q4 2023 Earnings Call Transcript

WALTHAM, Mass.--(BUSINESS WIRE)--Crane NXT, Co. (NYSE: CXT) ("Crane NXT" or the "Company"), a premier industrial technology company, today announced its financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter 2023 and Recent Highlights Core sales grew 4.1% year-over-year. GAAP operating profit margin was 20.3% and Adjusted operating profit margin was 23.4%. GAAP earnings per diluted share (EPS) was $0.86, and Adjusted EPS was $0.99. The Company repaid $70.

News for Crane NXT Co Stock (CXT)